$RED Breakout Watch as Bulls Regain Momentum

$RED is showing strong bullish momentum on the 1H chart, breaking above the $0.40 level with increasing volume. The price is pushing toward the day’s high of $0.4182, signaling strength.

Long Trade Setup:

Entry Range: $0.4100 – $0.4120

Stop Loss: $0.3980

Target 1: $0.4230

Target 2: $0.4350

Target 3: $0.4480

Market View:

RED is approaching previous highs with strong green candles and buyer interest. A confirmed breakout above $0.4185 could ignite further upside. Watch for a clean hourly close above resistance with sustained volume.